When you think about it, there are housing codes already in existence that could be used as the carrot to make large vacant property land owners do the right thing. And code enforcement might be a better strategy than trying to sue those 21 loan servicers. You can read the PD coverage of Judge Pianka’s decision here.
The first leg of this strategy (at least I hope it’s only the first leg) was for Judge Pianka and the Housing Court to bring another injunction against Wells Fargo. Judge Pianka gave out a similar ruling in December of last year, but it was only regarding 11 of Wells’ properties; this covers their entire inventory. I can’t tell for sure from reading the Sandra Livingston article, but my interpretation is that they (Wells) need to get their inventory of almost 200 homes up to code before they can sell them, and the injunction might be in place for 28 days (unless the violations are corrected sooner?).
Is it possible that the other defendants in the now dismissed case will see this action and decide to bring these properties up to code before they are hit with the same injunction? That would be great. If not, I’m betting Judge Pianka is ready to take action against some others as well.
The phrase there is more than one way to skin a cat comes to mind. Peace Out – 3C
1 response so far ↓
1 Jerry // Jun 7, 2009 at 2:15 pm
Pianka is a fake. Cleveland was in disrepair years before this bank came along.
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